HOW BILLIONS IN PANDEMIC AID WAS SWINDLED BY CON ARTISTS AND CRIME SYNDICATES

On 13 February, an article from NBC claims that the scale of the fraud in the unemployment program created by the CARES Act has reached a staggering level, according to state and federal officials.  It is estimated at least $63 billion of the $630 billion in disbursements has been misspent.  The full scope of the loss in taxpayer funds is likely many times higher, experts and officials say, soaring well beyond $100 billion.  The DoJ has assembled a task force to root out fraud across all 50 states and US territories.  Among the claims is that criminals are using computer-generated 3-D printed masks of victims’ faces to pass identity verification checks, and organised crime, such as a Nigerian cybercrime ring that specialises in online scams, targeting CARES Act unemployment insurance.

https://www.nbcnews.com/news/us-news/how-billions-pandemic-aid-was-swindled-con-artists-crime-syndicates-n1257766

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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